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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Telegram discontinues support for TON testnet
09 Jul 2020 04:00 Although the Telegram team will be taking their testnet validators offline on August 1, the TON blockchain testnet will still be available. [...]
South Korea to launch a blockchain-powered free trade zone Andong city in South Korea has announced plans to launch a free trade zone for its recently-legalized cannabis industry which will be powered by blockchain. [...]
Germany to expand FATF digital efforts under presidency Dr. Marcus Pleyer, deputy director general at the German Federal Ministry of Finance, started his two-year term as FATF president on July 1. [...]
Eric Bernhard: How a BitcoinSV-powered app can help keep us safe from Covid-19 In this episode of CoinGeek Conversations, Eric Bernhard from the Bayesian group discusses tokenization that will allow anyone to issue their own tokens and a new application that aims to keep us safe from COVID19 using the BSV blockchain. [...]
Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks Crisis laden Argentina saw bitcoin transactions ...
Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency ...
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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